2304 SPANISH CEDAR DR, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $1,298,485 and $1,540,385, with a best estimate of $1,440,009. That places the property above the L425723A - HIDDEN CREEKS AT LAKEWOOD median of $1,113,009, in a neighborhood that appreciated 127.0% over the past year.
Estimated Value Range
$1,440,009
$1,384,577
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L425723A - HIDDEN CREEKS AT LAKEWOOD, this home's estimated market value is between $1,298,485 and $1,540,385. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$144,311 for 377 sqft more living space. Net adjustment: +$144,311.
Adjusted +$138,186 for 361 sqft more living space. Net adjustment: +$138,186.
Adjusted +$5,359 for 14 sqft more living space. Net adjustment: +$5,359.
Adjusted +$424,128 for 1,108 sqft more living space. Net adjustment: +$424,128.
Adjusted -$5,359 for 14 sqft less living space. Net adjustment: -$5,359.
The Neighborhood
This home is valued 24.4% above the L425723A - HIDDEN CREEKS AT LAKEWOOD median of $1,113,009. With 119 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 127.0% over the past year.
L425723A - HIDDEN CREEKS AT LAKEWOOD
above averageThis home is +24.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $27,430 across all districts. With a homestead exemption claimed, that drops to $25,602 — saving $1,828 per year. That's $2,134 per month a buyer should budget. The assessed value increased +394.5% vs the subdivision average of +127.0%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $15,049 |
| Williamson County | County | 0.3694% | $5,115 |
| Cedar Park | City | 0.3600% | $4,984 |
| Austin Community College | special | 0.1034% | $1,432 |
| Williamson County FM/Rd | County | 0.0443% | $614 |
| Upper Brushy Creek WCID | Water | 0.0170% | $235 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $27,430 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,440,009 would pay approximately $8,988 per month (principal and interest only, excluding taxes and insurance).